Service
With the effective date for the current expected credit loss (CECL) standard quickly approaching, it’s important to make sure your institution is setting clear goals for compliance and developing a timeline for implementation.
Industry
Join BKD and other industry experts for the 2019 Financial Services Symposiums, where we’ll provide guidance on topics redefining the financial landscape.
Industry
BKD National Financial Services Group helps financial institutions with an array of services, including audit, tax, compliance, internal audit, cybersecurity, loan review and CECL consulting. Our trusted advisors can help guide you through everyday…
As the adoption date of the new current expected credit loss (CECL) model approaches, the number of concerns is rapidly increasing. Read on for more information about the weighted-average remaining maturity method of estimating expected credit…
A final rule has been issued revising regulatory capital rules in anticipation of the adoption of Accounting Standards Update 2016-13 and the implementation of the current expected credit loss (CECL) methodology. Read on for more information.
All financial institutions will face challenges in adopting the current expected credit loss (CECL) model. An American Institute of CPAs (AICPA) expert panel has identified several areas of the new standard that require further clarifications. Read…
Join BKD for a complimentary webinar looking at the impact of the current expected credit loss (CECL) model on loans acquired in a business combination.
The Financial Accounting Standards Board established the Transition Resource Group (TRG) for Credit Losses to inform the board about issues that arise as entities implement the new credit impairment standard. Read on for a summary of all the issues…
The Financial Accounting Standards Board (FASB) recently finalized timing relief on the implementation of the new current expected credit loss (CECL) model for smaller financial institutions. In November, FASB issued guidance that provides…
We’ll examine the effect of the new credit loss standard on debt securities based on the debt security’s classification, whether it’s held-to-maturity (HTM) or available-for-sale (AFS).